Sobha Limited is expanding its presence in Gurgaon and starting its third project with a joint development agreement for a 12-acre residential project in Sector 63A. As the area's demand grows, Sobha intends to develop 9 million square feet of residential space in FY25. The Golf Course Extension's upscale infrastructure makes it a major priority. In line with Gurgaon's rapidly expanding real estate...
Sobha Developers (Pune) (SDPL), a fully owned subsidiary of Sobha, and BNB Builders (BBPL) have engaged into a share purchase agreement for the acquisition of 100% of the company's equity shares for Rs 29.5 crore, according to a BSE filing. As a result of this transaction, BBPL will become a step-down subsidiary of the business and an entirely-owned subsidiary of SDPL. Additionally, this will assist...
Listen To The Article Prime Locations Unveiled: Sector 108 And 109 Welcomes Sobha's OwnershipExclusive Insights: Inside The Joint Venture Project "International City"Valuation Breakdown: Sobha Group's Acquisition Of Rs 121.82 Crore Land Parcels Real estate developer Chintels India, based in Gurugram, has given listed real estate developer Sobha Ltd in Gurugram ownership of two land parcels...
The demand for luxury homes has been expanding in Delhi NCR. So, that the residences price more over Rs 3 crore make up about 35% of for the Sobha portfolio. Increase in our profit as a result of the mix change from the mid-luxury to a slightly high-end luxury market. As a result, for the first time this quarter, we exceeded the Rs 10,000 average price realisation threshold. The business had...
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